# PRIMESOUTH BANK
BLACKSHEAR, GA · FDIC certificate 5694 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.60B | |
| Deposits | $1.33B | |
| Loans and leases | $1.32B | |
| Total equity | $174.7M | |
| Loans / deposits | 97.97% (p81 of band) | 87.10% |
| Liquid assets / assets | 16.35% (p29 of band) | |
| Uninsured deposits / deposits | 41.44% (p77 of band) | 30.76% |
| Brokered deposits | 5.71% | |
| Wholesale funding | 11.64% (p70 of band) | |
| FHLB advances / assets | 5.93% | |
| Tier 1 leverage | 12.03% (p76 of band) | 10.50% |
| Unrealized securities loss / equity | -6.96% (p54 of band) | -7.75% |
| AOCI / equity | -0.30% (p51 of band) | |
| ROA (annualized) | 1.92% (p85 of band) | 1.26% |
| Net interest margin | 4.65% (p91 of band) | 3.70% |
| Efficiency ratio | 45.85% (p15 of band) | |
| Noncurrent loans | 1.48% (p84 of band) | 0.51% |
| Net charge-offs (annualized) | 0.03% (p54 of band) | |
| Reserve coverage of noncurrent | 97.51% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 120.40% (p94 of band) | |
| Auto loans | $7.4M (0.56% of loans; DQ 2.92%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 8.1% | |
| Employees | 170 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | leverage <7%, leverage <5%, losing money, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  |  |
| 2011-09 | 6 |  | leverage <5% |
| 2011-12 | 6 |  |  |
| 2012-03 | 10 | leverage <5%, deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2012-06 | 11 | charge-offs p90 |  |
| 2012-09 | 9 |  | leverage <5% |
| 2012-12 | 12 | leverage <5%, expense ratio p90 |  |
| 2013-03 | 7 |  | losing money, deposits shrinking, assets shrinking, uninsured deposits leaving, expense ratio p90 |
| 2013-06 | 5 |  | leverage <5% |
| 2013-09 | 5 |  |  |
| 2013-12 | 3 |  | noncurrent p90, reserve under noncurrent |
| 2014-03 | 1 |  | construction >100% equity, charge-offs p90 |
| 2014-06 | 1 | charge-offs p90 | leverage <7% |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | charge-offs p90 |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | charge-offs p90 |  |
| 2017-06 | 0 |  | charge-offs p90 |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | charge-offs p90 |  |
| 2018-06 | 0 |  | charge-offs p90 |
| 2018-09 | 1 | uninsured deposits leaving |  |
| 2018-12 | 0 |  | uninsured deposits leaving |
| 2019-03 | 1 | capital falling |  |
| 2019-06 | 2 | charge-offs p90 |  |
| 2019-09 | 1 |  | charge-offs p90 |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 2 | capital falling, construction >100% equity |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | capital falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 2 | reserve under noncurrent |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-27 [PrimeSouth Bank Contributes $200,000 to Southeast Georgia Health System Through Georgia HEART Program - Southeast Georgia Health System](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPU3FhaG1ETGJBS1J1RXJMcTA0SENkb1NUcVdUU0hHUDBuM3pwZXpTNEw1R2N0WUpJbVB0TVpPQkYzaU44a2M4Y016LVJKcDYtVWJEdm9PeWo0YnpEUXZQMGluZ0syeE9wUXh3SEZVQTYycjkxQm9tY2VMWEJCc0pNVkRHUS16SWJoSzY5MThWUy1tVURybV9Nc3otaTB1Nk80ZDh2cEFERkhWX0V0YjV6UVBHOTN1M214aTJna1cyVWpUTmoxZVc3UXMzcGVlY3N2TVE?oc=5) · Southeast Georgia Health System
- 2026-08-04 [PrimeSouth acquires Atlantic National Bank - The Brunswick News](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPQTFfemNCeUZMa01HcDh5Wl9COERqN2NhNmFmdW1CYUNHZUwwYmpPQnZMdHpBeWplV09HM1dlRFhCcVNUWnNrbkU3cE5KXzUwU1ZrQ19tN2RFN05SOG5uYnFnZXZkRFpFdkFiQWpMQl9veWtjLXlhZWM3VXR1Z3RmVXN2ZkwwNmRVZ0F5bmxlS2h1M2tjV1hXU0JXTmJZTkRjeUFPNlRmZlctSVhpbm9jZzVyQnNJQmI0UGdPSWt1SUE3MkIzaG5JcmItWHk5V1RUeWc4?oc=5) · The Brunswick News
- 2024-01-10 [PrimeSouth Bank Shows HEART With a $100,000 Contribution - Southeast Georgia Health System](https://news.google.com/rss/articles/CBMilgFBVV95cUxPZjdYME5RTFhWN1JRMzRhYldXVTdpVzVtckd3eDdHOVlzVWZRUW5jMHIwNDd1a29EN2VBQ1ZRX19hYUo3LW1kc1h6VnRNTnBOM3NBeFhYb09PSUlNT2loTXlRVzV6S3p0V0Yza2Q4UGt1aWpnREI3VEVpX2hzT0lHb2NVcnNMNEkxRnBLb29WZkJ6MDRmaFE?oc=5) · Southeast Georgia Health System
- 2021-02-22 [PrimeSouth Bank (GA) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMigAFBVV95cUxPeFZ2MFk1bHNRdmxrV3daQ2hsZU56U2xlOVNwc0hReFpEWGhwVVg5U2VVcEpUXzZFSXBVRkpTNUZYR3N4TnFJZDFtTnRFM0JRUl9xZHdDUHpoWHJyajNWN3c2aUFURHFQb1VJZ0FDX3pZd3lJUGpnVDhPeWk2MF8ycw?oc=5) · SmartAsset
- 2026-08-25 [City of Patterson to change banks - theblacksheartimes.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxQRzJUeC1Bc1EtSHpsYk9VZ0dHRzFvY19rcnpQOVZrUmx2ZVJoYmdCamJPazU3Uks0czNUQURtaThrbTcwS2kyUl9uYm9hYUViOExlRWh2VWZFU3J5cXRob25vbEFhVkpkS28xRUZuZmxfdkczMjJSazVpY2pTcTlYenN6RmRITVY4RFE?oc=5) · theblacksheartimes.com
- 2019-04-24 [CBS Banc-Corp and PrimeSouth BancShares announce merger - AL.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPb3BlWTF1ZFEwSUtVNmRvbTAxeEJZZGc3NUQ1bF81Y2ZPcERES0Y0MkV5V2RuYVNBakxXbjlKRlBKei0xUHN0V2RPMlFYT0hUaV9SdmxoVlQ4Uk02TkRDOEJKd2htRDJtM1RfZ3ZkYlllZkRWaHd1M1NibmNNVURsZnc1a3ZGWWI3M0xsaWt1X19HM3U0emxMcnUzRGQ?oc=5) · AL.com
- 2024-06-14 [Augusta University president hired as searches start for two Georgia HBCUs - AJC.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxOcUFUU0hHZDhtTFJRNUJxVlNQaFlSSDVpX1RhZWU0LXM3dHY0bU1mWXdtbzByaDcydDV4OG1kSWxWWmVtVTFCa1hNR29mdU9MSEFqd3hzYkpScmVhbkVpNnktVlpjTHlucFhNU0tYTWJ3cGo4TWxfRGNtMm05WnoyekJMSFNnUUNSWGFvVENUbnJXX1dYaDViTUxxcFlfMVhXekY4eWhNa2o5RVBHQ2FLckp2cE02UzgzMFA3RGlGNWd5aEJnMkJIaHpUU3A?oc=5) · AJC.com
- 2019-07-27 [PrimeSouth announces rebranding effort - The Brunswick News](https://news.google.com/rss/articles/CBMizgFBVV95cUxQaHcxUnMxa3ZlWUJCeWZ4UUJBR0U5bzJaZXphRE12UUl1TWlVSFFTQWV6UWlnWkRMclFKN0xsQ2VlUXl5dE5ZaUJZMzhzY0V6eEQ4cHpNMXBuTkNHZGJuWG81emR3SUx0TjhJa0Z0aWUtVWpoTkRuZFkzSkVLRGZPZjBiSTVFWDF5SDAwWndfbFZSa2RBSGxiTkpBT3ozTVV1RlVydjVaaENmMjZndEFtQVB0VVlET3hoZ0JNUFBGc2E5cEI4bGFiTEVEYWh2UQ?oc=5) · The Brunswick News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5694 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/62.json (key "5694", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide